CITIZENS FINANCIAL (CZFS) Director Robert Chappell Receives Award

What Happened
Robert W. Chappell, a director of CITIZENS FINANCIAL SERVICES, INC. (CZFS), was granted 99 shares as a stock award on April 30, 2026. The Form 4 reports the transaction as an award/acquisition (code A) at $0.00 per share (total reported value $0). The grant was made pursuant to the Citizens Financial Services, Inc. 2026 Equity Incentive Plan. This was an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-30
• Transaction type/code: Award (A) — 99 shares acquired at $0.00 per share (reported value $0)
• Filing date: 2026-04-30 (filed timely)
• Shares owned after transaction: Not specified in the provided filing
• Remark on filing: "STOCK AWARDS GRANTED PURSUANT TO THE CITIZENS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN."
• No 10b5-1, tax-withholding, or sale details are reported in this Form 4

Context
Stock awards are typically compensation and may be subject to vesting periods or other restrictions; they do not necessarily indicate a director buying or selling shares in the open market. Purchases are generally considered stronger bullish signals than grants; monitor future filings for vesting events or subsequent sales that realize value.